Economist Dr. James Lee argues that raising the retirement age would strengthen Social Security without reducing benefits. He suggests longer working lives would increase contributions while reducing payout duration.
Which projection would best support Lee's mathematical argument?
People are living longer than in previous generations
Many older workers want to continue working
Raising retirement age from 65 to 67 would increase system contributions by 250 billion over 25 years, fully closing the projected funding gap without benefit cuts
Some countries have higher retirement ages than others
Correct Answer: C
Choice C is the best answer. Specific numbers prove the math: 250B less out = gap closed.
- Context clues: Lee claims the change "would strengthen" without "reducing benefits."
- Evidence evaluation: Contribution and payout numbers prove the financial mechanism.
- Verify: "Without benefit cuts" is explicit in the projection.
💡 Strategy: Fiscal policy claims need specific budget projections.